South32 Limited

Trilogy Metals Closes $17.8M DOW Investment, Arctic Project Gets 2028 ROD Date

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Trilogy Metals Closes $17.8M DOW Investment, Arctic Project Gets 2028 ROD Date

Vancouver – October 02, 2026 -- Trilogy Metals Inc. (NYSE American: TMQ; TSX: TMQ) closed a $17.8 million strategic equity investment from the United States Department of War (DOW) on September 11, 2026, as part of a broader $35.6 million financing package tied to its Upper Kobuk Mineral Projects (UKMP) in Alaska. The company reported a cash balance of $31.2 million and adjusted working capital of $30.3 million as of August 31, 2026, which it says substantially funds its share of Ambler Metals LLC's fiscal 2026 budget.

Trilogy Metals Shares Surge 570% Over Three Years, Lands on TSX30

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Trilogy Metals Shares Surge 570% Over Three Years, Lands on TSX30

Vancouver – September 16, 2026 -- Trilogy Metals Inc. (NYSE American: TMQ; TSX: TMQ) has been named to the 2026 TSX30, the Toronto Stock Exchange's annual ranking of top-performing listed companies, after its share price climbed 570% over the three years ended September 16, 2026.

TSX30 ranking measures three-year dividend-adjusted share price gains

The TSX30 list ranks companies by dividend-adjusted share price appreciation over a rolling three-year window. Trilogy's 570% gain places it among the exchange's top performers for the period.

CEO ties investor confidence to Arctic Project's role in US critical mineral supply

President and CEO Tony Giardini said the recognition reflects investor confidence in Trilogy Metals and in the strategic importance of the Arctic Project in northwestern Alaska to American critical mineral supply chain security. The company said it remains focused on advancing the project through permitting.